v3.26.3
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Net interest income        
Interest income $ 35,065 $ 32,975 $ 102,990 $ 96,388
Interest Expense (29,188) (27,520) (85,484) (80,532)
Net interest income 5,877 5,455 17,506 15,856
Non-interest income (loss)        
Guarantee income 213 377 821 1,215
Investment gains (losses), net 599 (237) 215 74
Other income 121 144 392 362
Non-interest income (loss) 933 284 1,428 1,651
Net revenues 6,810 5,739 18,934 17,507
(Provision) benefit for credit losses (800) (175) 400 (1,238)
Non-interest expense        
Salaries and employee benefits (400) (423) (1,171) (1,299)
Professional services, technology, and occupancy (286) (293) (817) (841)
Credit enhancement expense (422) (489) (1,370) (1,540)
Legislative and regulatory assessments (839) (839) (2,511) (2,481)
Other expense (47) (72) (244) (201)
Non-interest expense (1,994) (2,116) (6,113) (6,362)
Income before income tax expense 4,016 3,448 13,221 9,907
Income tax expense (781) (675) (2,590) (1,953)
Net income 3,235 2,773 10,631 7,954
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Other comprehensive income (loss), net of taxes and reclassification adjustments (29) 16 (40) 71
Comprehensive income 3,206 2,789 10,591 8,025
Net income 3,235 2,773 10,631 7,954
Amounts attributable to senior preferred stock (3,206) (2,789) (10,591) (8,025)
Net income (loss) attributable to common stockholders $ 29 $ (16) $ 40 $ (71)
Net income (loss) per common share - basic (in dollars per share) $ 0.01 $ 0.00 $ 0.01 $ (0.02)
Net income (loss) per common share - diluted (in dollars per share) $ 0.01 $ 0.00 $ 0.01 $ (0.02)
Weighted average common shares outstanding - basic (in shares) 3,234 3,234 3,234 3,234
Weighted average common shares outstanding - diluted (in shares) 3,234 3,234 3,234 3,234